£165,000

4 bed property for sale

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Auction
Freehold

Guide price

£165,000

4 bed property for sale

Mermaid Hotel, The Coombes, Polperro, Looe, Cornwall PL13

4 beds
2 baths
EPC rating: C

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • Polperro Primary Academy 0.4 miles
  • Pelynt School 2.5 miles
  • Looe 3.4 miles
  • Sandplace 4.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Countrywide Are Pleased To Offer For Sale By Public Auction On : Thursday, 18 July 2024 at
  • Virtual Livestream Online Auction
  • Lot Number : 122
  • Vacant Commercial
  • Freehold
  • £165,000 +
A deceptively spacious freehold licensed premises of circa 215 square metres requiring refurbishment, set in the heart of the fishing village of Polperro, having in the past traded as a restaurant, pizzeria and as a hotel with additional owners accommodation. The main accommodation is set over three storeys, with an additional loft room and a cliff top garden area accessed via external steps from the top floor. This versatile property would lend itself to a variety of configurations and uses of the existing accommodation, subject to any requisite consents, with perhaps the potential for conversion into residential apartments upon which interested parties must make and rely upon their own planning enquiries of Cornwall Council planning department.

Situated
The traditional fishing village of Polperro is a popular tourist destination steeped in history, retaining its original character and a working harbour, offering a range of bespoke shops, cafes and public houses, with further facilities and amenites available at Looe circa 3 miles.

Ground Floor
External steps leading up to the entrance hall, restaurant and bar, commercial kitchen with access to the side alleyway, prep/storage area.

First Floor
Lounge/kitchen/diner, two double bedrooms, bathroom with fire escape to ground floor level, store room and WC.

Second Floor
Landing area with access to external steps leading up to the elevated garden, sitting room, double bedroom and shower room.

Third Floor
Dual aspect loft room with sleeping platform.

Viewings
Strictly by prior appointment with Stratton Creber Looe . General enquiries Countrywide Property Auctions .

Voa Rating
£5,400

EPC Rating
C


Note
Part of the restaurant dining area forms a small flying freehold over part of a street level commercial premises below. The Mermaid Hotel & Pizzeria have ceased trading but still remain licenced premises.

Get ready to bid by visiting the auctioneers website

guide prices & reserve prices

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.

Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Floor plans and tours

Floor plans

No floor plan available

Tours

No virtual tour available

More information

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Listed by

Countrywide Property Auctions - South West

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  1. Zoopla
  2. For sale
  3. Cornwall
  4. Looe
  5. Polperro
  6. The Coombes

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